Koichi Hamada, professor emeritus of economics at Yale University, speaks at a press conference in Tokyo Friday, Jan. 18, 2013. The expert behind the monetary policies of Japan's new prime minister welcomed the recovering stock market and favorable exchange rate as signs of success Friday, and said the dollar can rise to 110 yen before excessive inflation risks kick in. Hamada is the brain behind the "Abenomics" of Prime Minister Shinzo Abe, elected late last year, who has been pressuring the Bank of Japan to set an inflation target to fight deflation. (AP Photo/Kyodo News) JAPAN OUT, MANDATORY CREDIT, NO LICENSING IN CHINA, HONG KONG, JAPAN, SOUTH KOREA AND FRANCE

Associated Press
Koichi Hamada, professor emeritus of economics at Yale University, speaks at a press conference in Tokyo Friday, Jan. 18, 2013. The expert behind the monetary policies of Japan's new prime minister welcomed the recovering stock market and favorable exchange rate as signs of success Friday, and said the dollar can rise to 110 yen before excessive inflation risks kick in. Hamada is the brain behind the "Abenomics" of Prime Minister Shinzo Abe, elected late last year, who has been pressuring the Bank of Japan to set an inflation target to fight deflation. (AP Photo/Kyodo News)  JAPAN OUT, MANDATORY CREDIT, NO LICENSING IN CHINA, HONG KONG, JAPAN, SOUTH KOREA AND FRANCE
Koichi Hamada, professor emeritus of economics at Yale University, speaks at a press conference in Tokyo Friday, Jan. 18, 2013. The expert behind the monetary policies of Japan's new prime minister welcomed the recovering stock market and favorable exchange rate as signs of success Friday, and said the dollar can rise to 110 yen before excessive inflation risks kick in. Hamada is the brain behind the "Abenomics" of Prime Minister Shinzo Abe, elected late last year, who has been pressuring the Bank of Japan to set an inflation target to fight deflation. (AP Photo/Kyodo News) JAPAN OUT, MANDATORY CREDIT, NO LICENSING IN CHINA, HONG KONG, JAPAN, SOUTH KOREA AND FRANCE
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